Friday, July 3rd, 2009

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Business

Bruce Bumstead/Brandon Sun

Improving communication among goals for new chamber president

Vision, communication and teamwork helped Chris Griffin’s business flourish, and the newly sworn-in Brandon Chamber of Commerce president says he’ll apply the same principles during his year at the helm of Brandon’s business community.

Griffin, who takes the reins from Ron Cumming, was installed as chamber president during a luncheon before about 250 people at the Royal Oak Inn and Suites yesterday.

Bell installation and repair technicians vote to approve new five-year contract

Net mutual fund redemptions between $1.3B and $1.8B for June, IFIC says

Chinese company makes bids for GM's Opel division; alternative to Magna

Talks between Air Canada, machinists' union likely to stretch through weekend

Most active shares in Toronto on Friday

Victoria Square Ventures to provide $3 million for Adaltis CCAA restructuring

Oil brokerage reports $10 million loss on unauthorized trading in Brent oil this week

$10 billion plan signed for pipeline that would ship gas from Africa to Europe

British Airways to cut seats, delay acquiring new planes as recession hits

Unemployment to rise into 2010 despite economic recovery: Flaherty

BG exercises pre-emption bid for Canadian Superior stake in Trinidad gas field

Rising world markets help most Canadian equity mutual funds to solid gains in June

Austrian transport operator orders 23 trams from Bombardier

Petro Andina board urges rejection of $400 million Pluspetrol offer

Crescent Point Energy aims to produce 44,500 barrels per day by year-end

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Most Asian markets sag modestly on grim US jobs report; Europeans shares open lower

Billionaire Warren Buffett gives US$1.25 billion of stock to Gates Foundation

Aeroplan says a group seeking to file a class action lawsuit against the company

Three more banks fail as FDIC seeks stronger rules for buyers of failed banks

Rejection of Navistar offer leaves future of Chatham truck plant in doubt

GM left to wait as judge adjourns hearing without indicating ruling's timing

Bell Canada completes $142-million purchase of Virgin Mobile Canada

Strike averted at Globe and Mail as workers and paper reach contract deal

Ford Canada leads June auto sales for first time in more than 50 years

Recession's legacy to be brutal and long-lasting, says new report

Nordic Oil and Gas to apply to build underground coal gasification project

Vancouver-based biotech Neuromed merges with Nasdaq-listed CombinatoRx

Former Brookfield partner to lead AbitibiBowater restructuring effort

Air Canada's machinists union may vote again on contract to freeze wages

Rates on 30-year, fixed-rate U.S. mortgages down, but still above record lows

Crown corporation commits $50-million towards credit line for Biovail Corp.

J&J invests $1B in Elan for 18 per cent stake, buys interest in Alzheimer's candidates

U.S. employers cut 467,000 jobs in June; jobless rate 9.5 per cent

Chinalco maintains a 9.3 per cent stake in Rio Tinto

Euro zone unemployment hits 10-year high in May; likely to weigh on any recovery

Allen-Vanguard gets loan repayment extension, still in talks with U.S. investor

Asian and European markets lacklustre as investors brace for US jobs report

Chinese official says trade fell again in June but decline less severe than May

Hitachi to supply lithium-ion batteries to GM for hybrids, sharply boost output capacity

Trustee: $231 million authorized so far for nearly $3 billion in claims by Madoff investors

Dollar falls on mixed economic reports as investors await employment data, ECB rate decision

Gannett to cut 1,400 jobs as slump in advertising revenue continues

Auto sales show signs of stability after tough year, but most June sales still worse than May

Auto task force member says government to cut off aid to GM if sale isn't approved by July 10

Ford US sales drop 10.7 per cent in June; far smaller than previous monthly declines